Breaking Down Disney's Fourth-Quarter Earnings Report

The transcript discusses Disney's financial outlook, focusing on programming costs, ESPN's subscriber losses, and the performance of Shanghai Disney. Bob Eiger reassures investors about ESPN's future, highlighting the potential of direct-to-consumer strategies. Shanghai Disney is performing well, with promising attendance figures. The upcoming movie slate, including Star Wars and Marvel films, is expected to provide a stable earnings stream.

What was Bob Iger's message to investors regarding the recent quarter's performance?

• Panic and sell shares

• Relax and focus on long-term strategy

• Invest more in ESPN

• Ignore the subscriber losses

How is Disney planning to address ESPN's subscriber losses?

• By investing in more sports channels

• By selling ESPN

• By increasing cable package prices

• By focusing on direct-to-consumer offerings

What is the expected financial milestone for Shanghai Disney next year?

• Expanding to new locations

• Achieving profitability

• Breaking even

• Doubling visitor numbers

Which movie franchise is highlighted as a key part of Disney's upcoming releases?

• James Bond

• Harry Potter

• Star Wars

• Lord of the Rings

What aspect of Disney's business is emphasized as providing a predictable earnings stream?

• Television advertising

• Planned movie slate

• Merchandising

• Theme park expansions